/ai
Visa has signed a definitive agreement to acquire British AI-powered financial fraud fighting outfit Featurespace for an undisclosed sum.
8 hours
The Bank of England (BoE) is calling on financial services firms to join its artificial intelligence (AI) consortium designed to oversee the use of the technology within the sector.
9 hours
More than half of the companies investing in artificial intelligence (AI) projects have been unable to extract any tangible benefit, according to recently published research.
11 hours
/wealth
Investors are prepared to dump their wealth managers if they fail to embrace new technology, suggests recently published research.
12 hours
/payments
BNPL giant Klarna is stepping up its assault on bricks-and-mortar shopping, landing on Adyen in-store terminals across Europe, North America and Australia.
14 hours
The European Investment Bank (EIB) is lending Italian paytech giant Nexi Group €220 million to support digital payment innovation.
22 hours
Indian business-to-business payments firm PayMate is plotting a move into Indonesian through the $400 million acquisition of a DigiAsia subsidiary.
25 September 2024
/people
Caroline Ellison, the former girlfriend of FTX co-founder Sam Bankman-Fried, has been sentenced to two years in prison for her part in the crypto exchange's collapse.
/regulation
The UK's Financial Conduct Authority has proposed rules designed to better protect customers when payments and e-money firms go out of business.
/markets
Challenger bank Revolut has seen its valuation rise to $45bn after Mubadala, the Abu Dhabi-based sovereign wealth fund acquired a stake in the company.
/crypto
French bank Societe Generale has announced a collaboration with crypto custodian and broker Bitpanda designed to accelerate the adoption of digital assets.
AI startup Bridgewise has been given the green light by Israeli regulators to launch a chatbot that gives advice on buying and selling stocks.
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